Wheat prices started showing a downward movement today after an Empowered Group of Ministers (EGoM) headed by FM Pranab Mukherjee okayed the release of an additional 30 lakh tonnes of wheat and rice for the poor, over and above the current PDS allocation, for the next six months. The most-active wheat contract was reportedly trading around 0.60% lower at Rs 1,158.40/qtl on the back of fresh selling in anticipation of...
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Food coupons: The way forward? by T Nandakumar
THE government seems to be considering a new system to replace the present system of targeted public distribution system (TPDS) with food coupons or direct cash transfer. The ills that plague the present TPDS are well-known and well-documented. The two national surveys, one by Programme Evaluation Organisation of the Planning Commission and the other by ORG-Marg, both at the instance of the Union government, have identified the major problem areas...
More »Taste of things to come by Sujata Kelkar Shetty
Food security is currently being much discussed in the context of the proposed National Food Security Bill. Food security is the consistent access to safe, sufficient and nutritious food so that the basic dietary needs are met to ensure an individual can lead a healthy life. Food activists justifiably argue that the proposed 25 kg rice per person per month is insufficient and that it be given only to families...
More »Directionless in Agriculture by Bharat Jhunjhunwala
The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...
More »A Bellyful Of Proposals by Bhavdeep Kang
THE FLAGSHIP scheme of UPA II, the proposed National Food Security Act (NFSA), has become a policymaker’s nightmare. If suggestions by the Finance Ministry (reportedly at the instance of Congress President Sonia Gandhi) and the state governments are incorporated, the yearly food grain requirement would be close to 80 million tonnes. But considering food grain procurement in an average year is 40 to 41 million tonnes — half the amount...
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